Piramal Enterprises - (Amalgamated) technical analysis

According to the latest Pivot data, Piramal Enterprises - (Amalgamated)’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹1108.75, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹1122.9, ₹1147.25, and ₹1161.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹1084.4, ₹1070.25, and ₹1045.9, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Piramal Enterprises - (Amalgamated)’s price movement.